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The Tea Party Chronicles

Raising Cain

Herman Cain, the former CEO of Godfather’s Pizza is rolling in dough and rising in the polls. A new national survey of primary voters by the Wall Street Journal and  NBC News has the Hermanator in first place ahead of Mitt Romney and all the other Tea Party types. The question is whether working families will support Cain’s plan for a national sales tax to pay for lower taxes for bankers and billionaires? I don’t think so.

Don’t Know Much about History

The Tea Party takes its name from the Americans who dumped British tea into Boston Harbor to protest taxation without representation in 1773. The Tea Partyers profess great reverence for the founders but the Tea Party candidates are clueless about the founding of our nation.   Tuesday Rick Perry placed the American  Revolution in the 16th century  which would have given our founders  only a few years to get things rolling after Columbus came to town. Previously, Michele Bachmann described the founders as abolitionists, a portrayal which  would have  greatly surprised the hundreds of slaves owned by George Washington and Thomas Jefferson. By the way, Representative Bachmann, the Boston Tea Party,  like the battles of Lexington and Concord, was in Massachusetts, not New Hampshire.

Greed is Good

Greed is good should be the motto for the Party of Tea, the party  formerly known as the GOP. Tuesday, Every POT member of the United States Senate opposed the president’s proposal to reduce payroll taxes and provide tax breaks for small businesses which hire people without jobs. Why did the POT spit the bit on the issue that Americans care  most about? Because Democrats would pay for the tax cuts  for working  families and small businesses by making millionaires and  billionaires  pay their fair share of taxes. Greed is good for the Tea Partyers  and  their billionaire buddies who bankroll their big budget campaigns. Because the POT blocks action in Washington on jobs, thousands of  Americans occupy Wall Street and streets across the country to protest  corporate greed. Will the numerical advantage that the 99 percent have  triumph over the money muscle of the 1 percent. Yes, it will.

ObamaCares

Time magazine released a new national survey yesterday that shows Barack Obama  beating all his POT challengers. The secret of the president’s success  is Obama’s caring. A clear majority (57 percent) of likely voters believe that Barack Obama cares  about the problems of people like themselves. It’s not surprising that Americans feel that the president  cares about them when the Party of Tea goes out of its way to cut Medicare and Social Security benefits for seniors but fights to the death to protect federal  tax freebies for bankers, billionaires, hedge fund managers, and corporate jet setters.

It’s about Time

The same Time magazine national survey indicates that two of  every three Americans believe the rich should pay more taxes. Which explains why more than half (54 percent) of the likely voters have a favorable opinion of the protesters against corporate greed while only one of four people (27 percent) have a favorable opinion of the Tea Party. The Tea Party has been replaced by the new kid on the  block. Far be it for me to give advice to Republicans but they better quickly take back their party from the extremists before voters dump the old GOP into the harbor with the Tea Party.

By: Brad Bannon, U. S. News and World Report, October 13, 2011

October 13, 2011 Posted by | Affordable Care Act, Banks, Capitalism, Class Warfare, Conservatives, Corporations, Democracy, Democrats, Elections, Financial Institutions, Ideologues, Income Gap, Medicare, Middle East, Politics, Republicans, Right Wing, Wall Street | , , , , , , , , | Leave a comment

The Koch Brothers’ Big Bucks

In case anyone needed a reminder about the kind of forces Democrats will be up against next year, the Koch brothers are putting together their plan to help buy the 2012 elections.

The billionaire industrialist brothers David and Charles Koch plan to steer more than $200 million — potentially much more — to conservative groups ahead of Election Day, POLITICO has learned. That puts their libertarian-leaning network in the same league as the most active of the groups in the more establishment-oriented network conceived last year by veteran GOP operatives Rove and Ed Gillespie, which plans to raise $240 million.

That’s financing for an awful lot of attack ads, nearly all of which will be dishonest, and which a whole lot of voters will believe.

It’ll be interesting, though, to see whether Democrats are able to make the Koch money toxic. We learned last week that there’s ample evidence that Koch Industries made “improper payments” (read: bribes) to “secure contracts in six countries dating back to 2002.” One of those countries, it turns out, is Iran, which has purchased millions of dollars of petrochemical equipment from the Kochs’ company, despite a trade ban and the U.S. labeling Iran a state sponsor of terrorism. The Kochs’ business also stand accused of having “rigged prices with competitors, lied to regulators and repeatedly run afoul of environmental regulations, resulting in five criminal convictions since 1999 in the U.S. and Canada.”

This is the money that’s going to buy elections for Republicans?

Over the summer, House Majority Leader Eric Cantor (R-Va.) declared, “Plain and simple, if you do business with Iran, you cannot do business with America.”

Follow-up question for Cantor, who’s accepted tens of thousands of dollars in campaign contributions from Koch Industries: those who do business with Iran cannot do business with America, but can they partner with the Republican Party to swing an election cycle?

By: Steve Benen, Contributing Writer, Washington Monthly-Political Animal, October 10, 2011

October 12, 2011 Posted by | Corporations, Democrats, Elections, GOP, Ideologues, Ideology, Republicans, Right Wing, Super PAC's, Voters | , , , , , , , , | Leave a comment

“Economic Royalists”: The Panic Of The Plutocrats

It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent.

And this reaction tells you something important — namely, that the extremists threatening American values are what F.D.R. called “economic royalists,” not the people camping in Zuccotti Park.

Consider first how Republican politicians have portrayed the modest-sized if growing demonstrations, which have involved some confrontations with the police — confrontations that seem to have involved a lot of police overreaction — but nothing one could call a riot. And there has in fact been nothing so far to match the behavior of Tea Party crowds in the summer of 2009.

Nonetheless, Eric Cantor, the House majority leader, has denounced “mobs” and “the pitting of Americans against Americans.” The G.O.P. presidential candidates have weighed in, with Mitt Romney accusing the protesters of waging “class warfare,” while Herman Cain calls them “anti-American.” My favorite, however, is Senator Rand Paul, who for some reason worries that the protesters will start seizing iPads, because they believe rich people don’t deserve to have them.

Michael Bloomberg, New York’s mayor and a financial-industry titan in his own right, was a bit more moderate, but still accused the protesters of trying to “take the jobs away from people working in this city,” a statement that bears no resemblance to the movement’s actual goals.

And if you were listening to talking heads on CNBC, you learned that the protesters “let their freak flags fly,” and are “aligned with Lenin.”

The way to understand all of this is to realize that it’s part of a broader syndrome, in which wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.

Last year, you may recall, a number of financial-industry barons went wild over very mild criticism from President Obama. They denounced Mr. Obama as being almost a socialist for endorsing the so-called Volcker rule, which would simply prohibit banks backed by federal guarantees from engaging in risky speculation. And as for their reaction to proposals to close a loophole that lets some of them pay remarkably low taxes — well, Stephen Schwarzman, chairman of the Blackstone Group, compared it to Hitler’s invasion of Poland.

And then there’s the campaign of character assassination against Elizabeth Warren, the financial reformer now running for the Senate in Massachusetts. Not long ago a YouTube video of Ms. Warren making an eloquent, down-to-earth case for taxes on the rich went viral. Nothing about what she said was radical — it was no more than a modern riff on Oliver Wendell Holmes’s famous dictum that “Taxes are what we pay for civilized society.”

But listening to the reliable defenders of the wealthy, you’d think that Ms. Warren was the second coming of Leon Trotsky. George Will declared that she has a “collectivist agenda,” that she believes that “individualism is a chimera.” And Rush Limbaugh called her “a parasite who hates her host. Willing to destroy the host while she sucks the life out of it.”

What’s going on here? The answer, surely, is that Wall Street’s Masters of the Universe realize, deep down, how morally indefensible their position is. They’re not John Galt; they’re not even Steve Jobs. They’re people who got rich by peddling complex financial schemes that, far from delivering clear benefits to the American people, helped push us into a crisis whose aftereffects continue to blight the lives of tens of millions of their fellow citizens.

Yet they have paid no price. Their institutions were bailed out by taxpayers, with few strings attached. They continue to benefit from explicit and implicit federal guarantees — basically, they’re still in a game of heads they win, tails taxpayers lose. And they benefit from tax loopholes that in many cases have people with multimillion-dollar incomes paying lower rates than middle-class families.

This special treatment can’t bear close scrutiny — and therefore, as they see it, there must be no close scrutiny. Anyone who points out the obvious, no matter how calmly and moderately, must be demonized and driven from the stage. In fact, the more reasonable and moderate a critic sounds, the more urgently he or she must be demonized, hence the frantic sliming of Elizabeth Warren.

So who’s really being un-American here? Not the protesters, who are simply trying to get their voices heard. No, the real extremists here are America’s oligarchs, who want to suppress any criticism of the sources of their wealth.

By: Paul Krugman, Op-Ed Columnist, The New York Times, October 9, 2011

October 10, 2011 Posted by | Banks, Capitalism, Class Warfare, Conservatives, Consumers, Corporations, Democracy, Equal Rights, Financial Reform, GOP, Ideologues, Journalists, Media, Middle Class, Politics, Press, Pundits, Right Wing, Taxes, Teaparty, Wealthy | , , , , , , , | Leave a comment

“We Are The 99%” But The 1% Buy Elections

As the “Occupy” protests spread across the country with the slogan “we are the ninety-nine percent,” two reports released this week demonstrate how the top one percent are playing an increasingly outsized role in American elections.

The New Yorker reports on a conservative multimillionaire’s successful efforts to buy North Carolina’s elections, and a report from campaign finance reform groups describe how an elite group of donors have laundered unlimited contributions to presidential campaigns. Much of this influence was made possible by the U.S. Supreme Court’s <a title="reference on Citizens United” href=”http://www.sourcewatch.org/index.php?title=Citizens_United” target=”_self”>Citizens United decision, and anger over corporate influence in politics is helping fuel the populist uprisings in Manhattan, D.C., and around the country.

Dimestore Donor Dominates North Carolina Elections

James Arthur “Art” Pope, chairman and CEO of the Variety Wholesalers dimestore discount chain, has created a “singular influence machine” in North Carolina, using his family’s wealth to influence that state’s elections and promote right-wing ideology, according to a report by Jane Mayer in this week’s New Yorker magazine.

“The Republican agenda in North Carolina is really Art Pope’s agenda. He sets it, he funds it, and he directs the efforts to achieve it. The candidates are just fronting for him. There are so many people in North Carolina beholden to Art Pope—it undermines the democratic process,” says Marc Farinella, a Democratic political consultant.

Like the Koch brothers (whom Meyer profiled in the New Yorker last year), Pope grew up wealthy, inherited his family dimestore business, and has spent massive amounts of money funding organizations and candidates opposing environmental regulations, taxes, minimum wage laws, unions, and campaign-spending limits. In addition to their sizable personal fortunes, the Kochs and Pope can spend millions in corporate funds because their companies are privately held. Pope regards Charles and David Koch as friends, and is one of the four directors of the Koch-funded-and-founded Americans for Prosperity, to which he has donated over $2 million.

John Snow, a centrist Democrat who was defeated by Art Pope-funded attacks after three terms in state Senate, told the New Yorker, “[i]t’s getting to the point where, in politics, money is the most important thing.” Snow was expected to easily win reelection, but his Tea Party-affiliated candidate with no experience had a seemingly endless flow of money.  “A lot of it was from corporations and outside groups related to Art Pope. He was their sugar daddy.”

Chris Heagerty was another Democratic candidate defeated by a flood of Pope-connected money. One ad depicted Heagerty, who is caucasian but has dark hair and complexion, as Hispanic. “They slapped a sombrero on a photo of me, and wrote, ‘Mucho Taxo! Adios, Señor!’” Heagerty told the magazine. “If you put all of the Pope groups together, they and the North Carolina G.O.P. spent more to defeat me than the guy who actually won.” According to the article, he fell silent, then added, “For an individual to have so much power is frightening. The government of North Carolina is for sale.”

“We didn’t have that before 2010,” said Bob Phillips, head of Common Cause North Carolina. “Citizens United opened up the door. Now a candidate can literally be outspent by independent groups. We saw it in North Carolina, and a lot of the money was traced back to Art Pope.”

According to an analysis by the Institute for Southern Studies, Pope, his family, and their organizations targeted twenty-two legislative races and won eighteen. The wins placed both chambers of North Carolina’s General Assembly under Republican majorities for the first time since 1870. Three-quarters of “independent expenditures” in North Carolina’s 2010 state races — spending made independently of a candidate or their committee — came from accounts linked to Pope.

Wealthy Elites’ Influence on Elections Grows, Post Citizens United

In the post Citizens United era, the outsize influence of a small group of wealthy donors making “independent” expenditures is not limited to North Carolina, according to a report released this week by Democracy 21, the Campaign Legal Center, and the Center for Responsive Politics. A handful of elite donors are capitalizing on the lawless campaign finance environment to exceed  federal candidate contribution limits. Individuals have spent as much as a million dollars supporting Mitt Romney’s bid for president, and two million to support President Obama’s reelection.

“Super PACs” emerged in the wake of the Citizens United decision, which struck down limits on corporate independent expenditures. Super PACs can now raise unlimited amounts of money from individuals, corporations, and unions, and use it on political ads for or against federal candidates. They are not allowed to donate directly to candidates or coordinate with their campaigns.

In striking down corporate independent expenditure limits, the U.S. Supreme Court upheld limits on individual contributions to candidates reasoning that “the potential for quid pro quo corruption distinguished direct contributions to candidates from independent expenditures.” The majority opinion stated “[t]he absence of prearrangement and coordination of an expenditure with the candidate or his agent not only undermines the value of the expenditure to the candidate, but also alleviates the danger that expenditures will be given as a quid pro quo for improper commitments.”

The first presidential race after Citizens United, though, reveals that the distinction between direct campaign contributions and “independent” expenditures has been eliminated — and with it, the idea that corruption follows one but not the other.

In the second quarter of 2011, over 50 individuals donated the legal maximum to Romney’s campaign ($2,500), then made around $6.4 million in additional contributions to Romney’s “Restore Our Future” Super PAC. Almost half of these individuals gave between $100,000 and $500,000 to the Super PAC, and one person donated $1 million. These donations made up half of the “Restore Our Future” funds.

Nine individuals donated to both President Obama’s reelection campaign and his “Priorities USA Action” Super PAC. The nine donors collectively gave $2.6 million to Obama’s Super PAC, primarily from Dreamworks CEO Jeffrey Katzenberg, who donated $2 million, and Chicago media mogul Fred Eychaner, who gave $500,000.

“This analysis offers yet more proof that these candidate-specific Super PACs are nothing more than an end-run around existing contribution limits,” said Paul S. Ryan, FEC Program Director at the Campaign Legal Center. “The Super PACs are simply shadow candidate committees. Million-dollar contributions to the Super PACs pose just as big a threat of corruption as would million-dollar contributions directly to candidates.”

In addition to Super PAC spending, corporations and corporate executives can also launder campaign spending through non-profit “social welfare” groups organized under section 501(c) of the tax code. Non-profits are not required to disclose their donors, preventing the public from knowing the source of a particular message. Last week, certain business leaders denounced this secret spending, and Democracy 21 and the Campaign Legal Center asked the Internal Revenue Service to investigate this alleged abuse of the tax code.

Ninety-Nine Percent: Money Out of Politics

The Citizens United decision affirmed that “money is speech,” and declared that spending limits violate the 1st Amendment rights of corporations and the uber-wealthy. As the 2012 presidential election heats up and election spending ramps up, corporations and the top 1% will speak louder than everyone else. The money that flows into the 2012 elections will come overwhelmingly from the top one percent — only a tiny sliver of Americans donate to political campaigns, and the bottom ninety-nine percent who can afford to contribute will have their dollars drowned out by the million-dollar contributions made possible by Citizens United.

And money matters. In modern elections, 9 out of 10 races are decided by who raises more campaign cash. Given this reality, it stretches the imagination to believe elected officials won’t be indebted to those deep-pocketed donors who help them get the edge over their opponent.

With average Americans — the ninety nine percent — sidelined by a political process and an economy that increasingly benefits only those at the top, they have taken to the streets. It is little wonder, then, that as the nascent Occupy protests grow and gain shape, at least one message is becoming clear: get corporate money out of politics.

 

By: Brendan Fischer, Center For Media and Democracy, October 7, 2011

October 8, 2011 Posted by | Americans for Prosperity, Corporations, GOP, Ideologues, Ideology, Mitt Romney, Republicans, Right Wing, Super PAC's, Teaparty, Voters | , , , , , , , , , | Leave a comment

What Steve Jobs’s Legacy Says About Innovation

In the wake of Apple Computer  cofounder Steve Jobs’s death, it’s become almost a truism that he provided  consumers what they needed before they even knew they needed it.

I think it’s true not only in the  case of the revolutionary products that Jobs marshaled into existence, but of  many, many consumer goods that seemed exotic or pointless at first, and then  became ubiquitous.

It’s the nature of innovation, the  “novus.” The New Thing.

There’s an important moral dimension  to it, too, I think—this idea  of “needing” consumer goods. Pro-innovation  people—the vast majority of  us—love new things. We love things that make our  lives simpler,  easier, more enriching, or just more fun.

Take the vacuum cleaner.

I remember well a lefty history  professor in college, lecturing in a  disdainful deterministic tone about the  vacuum cleaner. Did it make  housewives’ lives easier—or did it impel them to  remove household dust  that had previously been a nonissue?

On the one hand, Christine Rosen’s 2006  essay in The New Atlantis,  “Are We Worthy Our Kitchens?”, was a  definitive takedown of such  thinking. There have been real gains in human  welfare due to  industrial-era electronic technology:

Despite its humble  status … the electric washing  machine represents one of the more dramatic  triumphs of technological  ingenuity over physical labor. Before its invention  in the twentieth  century, women spent a full day or more every week performing  the  backbreaking task of laundering clothes. Hauling water (and the fuel to   heat it), scrubbing, rinsing, wringing—one nineteenth-century American  woman  called laundry “the Herculean task which women all dread.” No one  who had the  choice would relinquish her washing machine and do laundry  the old-fashioned  way.

Then again, even with all of our  fancy time-saving gadgets, has family/domestic really improved? She continues:

Judging  by how Americans  spend their money—on shelter magazines and kitchen  gadgets and home  furnishings—domesticity appears in robust health.  Judging by the way Americans  actually live, however, domesticity is in  precipitous decline. Families sit  together for meals much less often  than they once did, and many homes exist in  a state of near-chaos as  working parents try to balance child-rearing, chores,  long commutes,  and work responsibilities. As Cheryl Mendelson, author of a  recent book  on housekeeping, observes, “Comfort and engagement at home have   diminished to the point that even simple cleanliness and decent  meals—let alone  any deeper satisfactions—are no longer taken for  granted in many middle-class  homes.” Better domestic technologies have  surely not produced a new age of  domestic bliss.

True, no?

And who can deny the moral, or at  least McLuhan-esque, dimension of “gadget love”?

There’s no simple answer to these  questions—and I ponder them anew  every time I interact with an Apple product.  (Like right now, as I  type.)

I’m far from a Mac nerd, but I am,  in my own way, a heavy user. My  iPod battery has been broken for months, and I  haven’t gotten around to  replacing it. Lately, the idea of driving without  ready access to my  entire music library—something that would have been  unthinkable for  most of my lifetime—is a continual annoyance.

And when I first bought that iPod, I  found myself mired  in a sort of technological obsessive-compulsive disorder:

With  1,000-plus CDs that I’d ideally like to  upload—because you can’t let all those  free gigabytes starve, not with  so many of the world’s poor children starving  for gigabytes—the process  of ripping, in short order, became an object of dread  and crippling  self-doubt. Unripped CDs now taunt me in their unripped-ness. I  can  almost hear them, in their half-broken jewel cases and water-stained   leaflets, in their state of 20th-century plastic inertness, laugh at   me.

I’ve also found  the aesthetic, near-cultic magnetism of Apple products a little creepy, too:

When  I read stories about iPod users rhapsodizing about  how their iPods are profound  reflections of their personalities; how  their iPod shuffle mechanism has the  seemingly mystical ability to  randomly spit out the right song for the right  moment; how life  screeches to a halt when their iPod suffers a technical glitch  [um, yes — S.G.]—when I read these stories I think of Mr. McLuhan’s  chapter on “gadget lovers.”

Riffing  on the Greek myth of Narcissus, Mr. McLuhan wrote that  technology gadgets were  like narcotic extensions of the self; we  worship them as idols and thus become  a self-enclosed system.

Sound  familiar?

“Servomechanism”  was the term of art that Mr. McLuhan employed: a device that controls something  from a distance.

He  said of gadget love: “We must, to use them at all, serve these  objects, these  extensions of ourselves, as gods or minor religions. An  Indian is the  servomechanism of his canoe, as the cowboy of his horse  or the executive of his  clock.”

When  you think of mere gadgets in such terms, it’s no wonder there’s  been such an  outpouring of grief over the loss of Steve Jobs.

But  who among us is willing to pull  a modern-day Thoreau and wall ourselves off from innovation?

It’s  part of the human condition, I suppose.

 

By: Scott Galupo, U. S. News and World Report, October 6, 2011

October 7, 2011 Posted by | Capitalism, Corporations, Economy | , , , , | Leave a comment